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Getting slammed at the supermarket (corn crop failure will raise food prices)
NY Post ^ | September 19, 2011 | BARBARA F. HOLLINGSWORTH

Posted on 09/25/2011 11:37:09 AM PDT by lowbridge

High energy prices and bad weather -- including blistering hot temperatures, flooding in some places and drought in others -- hurt this year’s agricultural output. But farmers agree that a major problem is the soaring price of corn, which is used directly in products like cereal, and indirectly as livestock feed.

Corn is nearly twice as expensive now as it was last summer -- even though US farmers planted the second-largest crop since World War II.

Why? Well, 40 percent of the crop goes to produce 12.6 billion gallons of ethanol to meet the government’s renewable fuel standards. In other words, much crop land is being used to produce ethanol, not to produce food.

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: burningfood; business; corn; ethanol; food; foodcost; foodflation; foodshortage; getreadyhereitcomes; preparedness; preparenow; prepperping; stockup; stockupandsave; survivalping
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1 posted on 09/25/2011 11:37:14 AM PDT by lowbridge
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To: lowbridge

My tagline says it all.


2 posted on 09/25/2011 11:41:08 AM PDT by rdl6989 (January 20, 2013 The end of an error.)
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To: lowbridge
Grits went up 40 cents a box in a week! Minca!!
3 posted on 09/25/2011 11:41:18 AM PDT by 4yearlurker (I've been dipping into my jar full of Hope & Change just to buy gas!!)
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To: lowbridge

This government is the enemy of common sense - and the enemy of the people.


4 posted on 09/25/2011 11:41:34 AM PDT by beethovenfan (If Islam is the solution, the "problem" must be freedom.)
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To: lowbridge

I still have not eaten any fresh corn year this year. Still waiting for my homegrown to make an appearance.


5 posted on 09/25/2011 11:43:27 AM PDT by EggsAckley ( There's an Ethiopian in the fuel supply ! !)
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To: rdl6989
Good tagline.
6 posted on 09/25/2011 11:43:45 AM PDT by Glenn (iamtheresistance.org)
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To: lowbridge

I’ve noticed more and more companies are returning to using sugar to sweeten their products as opposed to HFCS.


7 posted on 09/25/2011 11:45:12 AM PDT by Drew68
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To: lowbridge

This government is making it all worse. I am almost 100% sure that blackouts will hit Texas next summer because we over-spent to build so many useless windmills.


8 posted on 09/25/2011 11:45:12 AM PDT by GeronL (The Right to Life came before the Right to Happiness)
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To: lowbridge

We just had some visitors from Germany. Their major complaint was the high price of food in this country. For example, in Germany bread is roughly $0.60 per pound,locally the price ranges from $2.50 to $4.00 per pound; cheese, in Germany, sells for about a $1.20 per pound etc. I’m having them send me some market advertising material showing prices of various food stuffs in German markets. Their report fits in with reports on how we Americans are getting “screwed!”


9 posted on 09/25/2011 11:45:42 AM PDT by AEMILIUS PAULUS (It is a shame that when these people give a riot)
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To: lowbridge

....40 percent of the crop goes to produce 12.6 billion gallons of ethanol to meet the government’s renewable fuel standards. In other words, much crop land is being used to produce ethanol, not to produce food....

::::::::::

There it is in one sentence. The rest is BS. THIS is what is driving much of the food cost increase across the board. Again, the government shafting the public to play its games of eco-politics.


10 posted on 09/25/2011 11:46:12 AM PDT by EagleUSA
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To: lowbridge

Stop ruining gasoline, and feed the world.


11 posted on 09/25/2011 11:53:16 AM PDT by pallis
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To: lowbridge

I don’t see a problem here the environazi plan are working just fine

Drive food prices up...

/ S


12 posted on 09/25/2011 11:55:48 AM PDT by Popman (Obama is God's curse upon the land....)
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To: Popman

To hell with food price’s have you looked at the price of deer corn!


13 posted on 09/25/2011 12:00:53 PM PDT by Dusty Road
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To: AEMILIUS PAULUS

WOW, once upon a time, not so long ago visitors from Europe used to wonder and the variety and low cost of food in the U.S.


14 posted on 09/25/2011 12:05:12 PM PDT by algernonpj (He who pays the piper . . .)
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To: lowbridge

I noticed the other day that cereal boxes had gotten smaller.


15 posted on 09/25/2011 12:09:02 PM PDT by KansasGirl
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To: lowbridge

Another bogus ‘we’re burning our food for fuel’ article? They don’t even try to get their facts straight.

We have been producing #2 yellow dent corn for decades and non of it goes directly for human food.

Unless you consider soda pop food.


16 posted on 09/25/2011 12:09:16 PM PDT by Free Vulcan (Vote Republican! You can vote Democrat when you're dead.)
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To: lowbridge

We are going retro.

Before the combustion engine, a good deal of cropland went to grow feed for horses, mules, oxesn etc ... for transportation and work.


17 posted on 09/25/2011 12:15:09 PM PDT by Lorianne
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To: Free Vulcan
Another bogus ‘we’re burning our food for fuel’ article? They don’t even try to get their facts straight.

I am sure you would not mind the elimination of the ethanol mandate then. Corn-based ethanol mandates are an economic, environmental, and moral disaster. Both the left and right should agree that corn based ethanol mandates are terrible policy. The only groups not agreeing are the corn states with their inflated corn prices due to the ridiculous mandates.
18 posted on 09/25/2011 12:15:37 PM PDT by businessprofessor
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To: GeronL

****I am almost 100% sure that blackouts will hit Texas next summer because we over-spent to build so many useless windmills.****

But you will feel so good about yourself knowing you are setting in 100+ degree temps while not pumping CO2 into the atmosphere because you shut down the coal fired plants!

Ok, that was sarcasm!


19 posted on 09/25/2011 12:20:32 PM PDT by Ruy Dias de Bivar (Click my name. See my home page, if you dare! NEW PHOTOS & PAINTINGS)
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To: KansasGirl

A “pound” of coffee is now 10 ounces at Price Chopper...


20 posted on 09/25/2011 12:21:25 PM PDT by Shady (The undeniable truth of the Obama Administration...The numbers do not lie.)
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